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HSBC Bank Bermuda Limited
HSBC Bank Bermuda Limited, a prominent subsidiary of the HSBC Group, is headquartered in Hamilton, Bermuda (BM). Established in 1889, the bank has a rich history and has evolved to become a key player in the financial services industry, primarily serving the Caribbean and Atlantic regions. Specialising in retail banking, wealth management, and commercial banking, HSBC Bermuda offers a range of unique products and services tailored to meet the diverse needs of its clients. Notable offerings include personal and business accounts, investment solutions, and insurance products, all designed with a focus on customer satisfaction and financial security. With a strong market position, HSBC Bank Bermuda Limited is recognised for its commitment to innovation and excellence, making it a trusted choice for individuals and businesses seeking reliable banking solutions in Bermuda and beyond.
DitchCarbon Score
How does HSBC Bank Bermuda Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
HSBC Bank Bermuda Limited's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HSBC Bank Bermuda Limited currently does not have specific carbon emissions data available for the most recent year. However, the bank is part of a broader corporate family that includes HSBC Holdings plc, which provides relevant emissions data and climate commitments. As a current subsidiary of HSBC Holdings plc, HSBC Bank Bermuda Limited inherits its climate initiatives and targets. HSBC Holdings plc has made significant commitments to reduce its carbon footprint, including targets set through the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to align with global climate goals and promote transparency in emissions reporting. While specific reduction targets for HSBC Bank Bermuda Limited are not detailed, the overarching goals from HSBC Holdings plc indicate a commitment to achieving net-zero emissions in its operations and supply chain by 2050. This commitment reflects a proactive approach to addressing climate change and reducing environmental impact. In summary, while HSBC Bank Bermuda Limited does not have specific emissions data or reduction targets available, it is aligned with the climate commitments of its parent company, HSBC Holdings plc, which actively works towards significant emissions reductions and sustainability initiatives.
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| 2023 | |
|---|---|
| Scope 1 | 16,918,000 |
| Scope 2 | 167,174,000 |
| Scope 3 | 1,090,280,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
HSBC Bank Bermuda Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
